NOT LISTED FOR SALE

601 Via Del Monte Palos Verdes Estates, CA 90274

Estimated Value: $5,380,000 - $8,993,713

5 Beds
7 Baths
4,870 Sq Ft
$1,620/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $8,000,000 $1,643 Per Sq Ft

Current estimated payment $51,535/month

8 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Primary Bedroom Suite
  • Montemalaga Elementary School Rated A+
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of August 2021

Showcasing breathtaking panoramic ocean views, this quintessential estate is set above the coastline in the heart of Malaga Cove. Offering unparalleled luxury, exquisite finishes, soaring ceilings, and advanced technology, the home boasts ~6,000 square feet with 5 bedrooms, 7 bathrooms and an elevator with custom stonework servicing all 3 levels. The masterfully designed open floor plan features several incredible living/entertaining spaces all with views, a chef's kitchen with top-of-the-line appliances, informal dining, a bonus room with an additional kitchen, and movie theatre. Walls of glass vanish throughout both levels allowing for a seamless flow from the inside of the home to the outside. California living at its finest. The stunning master suite is second to none with wood beam ceilings, an expansive private balcony, a spa-like bathroom with a free-standing tub, and 2 walk-in closets. Unmatched outdoor living hosting an expansive pool, spa, several patios + balconies, a fire pit, built-in BBQ, a dining area, ample lounge space, and a large grass area.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 07/19/2021

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Mike Naylor

Compass License #01946379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,651

Year Built

  • Built in 2010

Lot Details

  • 0.31 Acre Lot
  • Ocean Front

Parking

  • 3 Car Attached Garage
  • Pull-through
  • Driveway

Property Views

  • White Water Ocean
  • Panoramic
  • Pool

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 4,870 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • High Ceiling
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Bonus Room with Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7540-023-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,651

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4870
  • Stories: 3
  • Year Built: 2010
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, High Ceilings (9 Feet+), Elevator, Built-Ins
  • Fireplace Rooms: Family Room, Patio, Master Bedroom, Great Room, Bonus Room
  • Flooring: Hardwood
  • Appliances: Built-Ins, Oven, Range
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Master Suite, WalkInCloset, Master Bedroom, Dressing Area
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Breakfast Area, Dining Area, In Kitchen, Kitchen Island, Family Kitchen
  • Kitchen Features: Island, Pantry
  • Laundry: Inside, Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins, Barbeque, Freezer, Dryer, Range/Oven, Refrigerator, Washer, Garbage Disposal, Alarm System, Dishwasher, Elevator
  • Price Per S Q F T: 1641.68

Exterior Features

  • Other Features: Balcony, Barbecue Private, Custom Built, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Hot Tub
  • Spa Yn: Yes
  • View: Pool, Ocean, Panoramic, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Garage, Private, Pull-through, Driveway, Attached
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 7540-023-001
  • Lot Size Area: 13480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Jul 29, 2021
Sold by
Marrs Chris
Bought by
Fang Chun
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Mike Naylor
Compass
List Price
$7,995,000
Sold Price
$8,000,000
Premium/Discount to List
$5,000
0.06%
Current Estimated Value
$8,002,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,358
Avg. Annual Appreciation
-0.35%
Original Mortgage
$5,000,000
Outstanding Balance
$4,549,628
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,339,550

Purchase Details

Listed on
Jun 4, 2016
Closed on
Jul 18, 2016
Sold by
Flynn Brent C and Flynn Linda D
Bought by
Campbell Paul N and Campbell Cindy A
Seller's Agent
Larissa Rubijevsky
Estate Properties
Buyer's Agent
Richard Haynes
Haynes Real Estate
List Price
$10,588,000
Sold Price
$10,000,000
Premium/Discount to List
-$588,000
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.31%

Purchase Details

Closed on
Jun 27, 2012
Sold by
Flynn Brent C and Flynn Linda D
Bought by
Flynn Brent C and Flynn Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2012
Sold by
Flynn Brent C and Flynn Linda D
Bought by
The Ldf Family Trust

Purchase Details

Closed on
Jan 10, 2008
Sold by
Gates Phyllis P
Bought by
Flynn Brent C and Flynn Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 1999
Sold by
Gates Charles F
Bought by
Gates Charles F and Gates Phyllis P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fang Chun -- Fidelity National Title
Campbell Paul N $10,000,000 Pacific Coast Title Company
Flynn Brent C -- Old Republic Title
The Ldf Family Trust -- None Available
Flynn Brent C $1,850,000 Progressive Title Company
Gates Charles F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Chun $5,000,000
Previous Owner Flynn Brent C $575,000
Previous Owner Flynn Brent C $998,000
Previous Owner Flynn Brent C $1,000,000
Previous Owner Flynn Brent C $359,000
Previous Owner Flynn Brent C $389,500
Previous Owner Flynn Brent C $195,000
Previous Owner Flynn Brent C $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $8,000,000 +0.1% $1,643 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $7,995,000 -20.1% $1,642 / Sq Ft
08/01/2016 08/01/16 Sold $10,000,000 -5.6% $1,667 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $10,588,000 -- $1,765 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $92,651 $8,489,664 $5,836,644 $2,653,020
2024 $92,651 $8,323,200 $5,722,200 $2,601,000
2023 $91,302 $8,160,000 $5,610,000 $2,550,000
2022 $86,624 $8,000,000 $5,500,000 $2,500,000
2021 $118,094 $10,794,360 $8,470,396 $2,323,964
2020 $116,485 $10,683,678 $8,383,543 $2,300,135
2019 $112,121 $10,404,000 $8,219,160 $2,184,840
2018 $111,727 $10,200,000 $8,058,000 $2,142,000
2016 $29,527 $2,585,194 $1,642,181 $943,013
2015 $29,220 $2,546,363 $1,617,514 $928,849
2014 $28,779 $2,496,485 $1,585,830 $910,655
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-762550

The MLS

APN: 7540-023-001